Threat or Opportunity?
Mobility has been dominated by combustion engines and fueled by oil companies. Regulation, customer demand and technological development, are pushing electricity as a mobility power source, which will inevitably impact the downstream oil business. While the traditional business model is under threat, new opportunities arise.
There is still uncertainty over the potential of electric mobility and the impact it could have on certain businesses, but we have deep-dived and estimated the impact on the downstream oil business.